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CIPS L4M4 Exam Syllabus Topics:

Section	Objectives
Topic 1: Understand compliance issues when sourcing from suppliers	- Sustainability and environmental considerations - Anti-bribery and anti-corruption measures - Regulatory and legal compliance - Ethical sourcing and corporate social responsibility (CSR) - Global sourcing considerations and Incoterms - Modern slavery and human rights in supply chains - Codes of conduct and ethical standards
Topic 2: Understand options for sourcing of requirements from suppliers	- Single, dual and multiple sourcing - Sourcing strategies and approaches - Factors influencing sourcing decisions - Insourcing vs outsourcing decisions
Topic 3: Understand the key processes that can be applied to the analysis of potential external suppliers	- Supplier appraisal and evaluation methods - Risk assessment in supplier selection - Financial analysis of suppliers - Use of Request for Information (RFI), Request for Proposal (RFP) and Request for Quotation (RFQ) - Supplier audits and due diligence

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CIPS Ethical and Responsible Sourcing L4M4 Prüfungsfragen mit Lösungen (Q210-Q215):

210. Frage
GDP is an economic index that a procurement professional can use to measure economic data. What does GDP tell you?

A. the monatary value of the goods manufactured in a financial period
B. average changes in price over a year
C. the value of commodities such as steel, oil and wheat at a point in time
D. the value of public limited companies within a country

Antwort: A

Begründung:
GDP = gross domestic product = "the monetary value of goods and services manufactured or sup-plied in a financial period". People use it to say whether a country's economy is strong or weak.
Stock markets look at the value of public limited companies within a country.
Commodity indices look at the value of commodities such as steel, oil and wheat at a point in time Average changes in price over a year can be measured by CPI or PPI

211. Frage
A procurement manager has decided to use a local newspaper to source quotes from external suppliers. Why is it important to advertise tenders? Select TWO that apply.

A. To gain value for money
B. To gain tactical sourcing
C. To gain green procurement
D. To avoid complex bids
E. To gain insights from the market

Antwort: A,B,D,E

Begründung:
Advertising tenders is crucial for achieving value for money by encouraging competitive bids, which can lead to better pricing and service offerings. It also provides insights into the market by revealing the capabilities and innovations of various suppliers, aiding in informed decision-making.
Exact Extract from Study Guide:
"Inviting suppliers to take part in a competitive tender may reduce the potential for the biased selection of a supplier. Time, money and resource could be saved..."

212. Frage
Ivan is an investor who is looking to invest in new businesses. He is reviewing several companies and working out what his equity would be. Which of the following does Ivan need to know tocalculate shareholder equity? Select TWO.

A. net profit
B. total liabilities
C. net income
D. total assets

Antwort: B,D

Begründung:
Shareholder Equity = Total Assets - Total Liabilities

213. Frage
Each stage of the tendering procedure requires a timeline to be met by bidders and the tender processing team.
Which of the following explains why timescales are important in the tendering process?
* They help in getting the right lead-time on the purchase order
* They separate the quickest bidders from the slowest
* They ensure that all bidders are treated equally
* They ensure that bids are submitted in the correct format

A. 2 and 4 only
B. 1 and 3 only
C. 1 and 2 only
D. 2 and 3 only

Antwort: B

Begründung:
Clearly defined timescales are essential to ensurefairness and consistencyin the tendering process. They help buyers plan appropriatelead-times for purchase orders (1)and ensure thatall bidders are treated equally (3) by being given the same deadlines. Timescales are not intended to rank bidders by speed, nor do they ensure correct bid formatting. Ethical and responsible sourcing places strong emphasis on transparency and equal treatment, particularly in competitive tendering, ensuring no supplier gains an unfair advantage due to ambiguous or inconsistent deadlines.
Reference:CIPS L4M4 Ethical & Responsible Sourcing Study Guide (v2) - tendering procedures; fairness and transparency.

214. Frage
Tulip Rose Industries is using a restricted approach to tendering for a new contract for the facilities management of their seven factories which produce furniture made of organic materials. What is likely to be the reason they are using a restricted approach?

A. the requirement is complex
B. interest in the tender opportunity is likely to be low
C. the suppliers are likely to be unqualified
D. interest in the tender opportunity is likely to be high

Antwort: D

Begründung:
you would use a restricted approach when interest is likely to be high. The buyer needs a method of de-selecting unsuitable bidders and creating a shortlist of acceptable organisations.
For complex requirements you could use both an open or restrictive tender- the difference between the approaches is about how many bids you're likely to get rather than the complexity of it.

215. Frage
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